The campaign aims to stop companies using dual-class share structures that concentrate voting power in the hands of certain shareholders at the expense of others. Launched by British railways pensions scheme Railpen and the non-profit Council of Institutional Investors. Other backers include New York City Comptroller’s Office and Washington State Investment Board. Crusade plans to … Read more
Khyber Pakhtunkhwa (KPK) government presented a budget of Rs1,118.3 billion for the Fiscal Year 2021-22. The government announced that the budget will be allocated as Rs371 billion for the Annual Development Plan (ADP) and Rs747.3 billion for the current expenditure. Chief Minister Khyber Pakhtunkhwa Mahmood Khan said that the current budget was amid the development … Read more
The federal government is considering a 15-20 per cent increase in the salaries and pensions of government employees in the form of interim relief. According to sources in the Ministry of Finance, it has been decided to hire a private company to address the wide pay gap between the employees of various ministries, divisions and … Read more
The government has issued a notification to the federal employees to pay their July salaries and pensions in advance before Eid. [embedpost id=”50366″ slug=”budget-2020-sindh-cabinet-approves-10-salary-increase”] According to the notification, on the occasion of Eid-ul-Adha on July 31, government employees have been directed to pay their pensions and salaries on July 27. Salary and pension will be … Read more
The federal cabinet has approved an increase in EOBI’s pensions. A meeting of the Federal Cabinet was held under the chairmanship of Prime Minister Imran Khan in which approval was given to increase the pension of Employees Old-Age Benefits Institution (EOBI). [embedpost id=”50366″ slug=”pm-imran-khan-to-call-federal-cabinet-meeting”] According to sources, EOBI pensioners will now get Rs 8,500 instead … Read more
Prime Minister Imran Khan’s Advisor on Finance Dr Abdul Hafeez Shaikh says the government has announced a massive relief package amounting to 1.25 trillion rupees to support the business community and to provide relief to the poor people in wake of the outbreak of COVID-19. Sources said that the federal government has ordered early disbursement … Read more
Big news from the PTI government! The federal government has decided to retire government servants who are working poorly. According to the sources, the Federal government has prepared civil servants’ retirement roles 2019. It is decided that the retirement age of 60 years for civil workers will end. Poorly functioning workers will be retired before … Read more
